Why the heck are oil stocks doing so well while crude is struggling?
Could it be:
A. The market is insane and cruising for a crash.
or
B. They KNOW SOMETHING
Currently I am leaning towards B
About Me
- Jon88keys
- Professional Musician and general market junkie ruminates on the silliness of crowds and the ongoing decline of Western Civilization :)
2 comments:
Of COURSE they know something. Don't forget the annual summer price increases, too. That seems to happen evey year regardless of the actual supplies.
Remember, gas producers charge as much as they can because unlike our politicians, they are in it for the money. They don't care who buys it or if they can afford it. Great if you work for one.
Also, I am truly sure that they have a better 'pipeline' to the information coming from the oil producing fields than the lowly we do. That's their life's blood.
Makes you want to use Biodiesel, doesn't it?
My first comment! Thank you honey!
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